Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (131.2). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . QNTUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (2.5317). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MANAUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Midterm forecast: While the price is above the support 37.6000, beginning of uptrend is expected. We make sure when the resistance at 91.0875 breaks. If the support at 37.6000 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 44.42 on 2022-01-24 and the...
#usdinr is on a rounding bottom. in future, it will be bullish and move towards 79 to 81. In long period We can take a bullish position ..... Buy April & may future. Sell 77 - 78 CE and Sell 76 PE for monthly position. In short period, it has resistance at 76.6, if it crosses 76.6 upside can be 77.3 if it reverses from 76.6, it can touch 76.0
Hi Folks ! USDINR is now seen in a crucial level near 76 * It has retraced only 38% from recent dip * Retest done at previous breakdown level which was also a support level earlier * Price also can be seen moving in a downtrend channel and now is at the upper level, having room to move downwards till the lower level * Chart pattern : If we look at this...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.7804). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ALGOUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (137.2). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AAVEUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
USDINR as expected moving in a neutral to short range as per our expiry view posted previously.... Now that we are watching a Sandwich pattern formed on 4Hourly timeframe, if it breaks down then there is a flag breakdown also with a breakdown of 50 EMA this confluence may trigger an excellent Option buying opportunity. For buying, use next week's option or...
Bitcoin has broken out from a triangle pattern and this might trigger a rally towards 44000$. 44K being a stiff resistance can cause reversal at higher levels. A minor Resistance is also seen at 42500$ which could also act as a trend reversal point. Breakout might retest in the trendline which could be a potential safe entry. Price needs to sustain above the...
USDINR going to face so strong resistance in upcoming days. Test this level more than 5 times. But it was unsuccessful. All time high for 2020 to 2022 was 77.00. This also strong resistance becoz initative sellers entered due to price is above its fair value. As fer this 76 to 77 range was not fair price and not accepted by sellers past 2 years. This USDINR longs...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.3655). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GRTUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Shorting USDINR Reason:- 1) Near long term resistance double top pattern in daily 2)ROC breached downside 3) RSI and Price in bearish divergence formation early in daily chart , 4hr already done Keep SL 77.15 or trade in option hedging sell 77 Call and buy 78 Call
Trading Setup: There is a Trading Signal to Buy in EURUSD Currency Pair. Traders can open their Buy Trades NOW Rank : ⭐️ ⬆️Buy now or Buy on 1.0869 ⭕️SL @ 1.0759 🔵TP1 @ 1.1085 🔵TP2 @ 1.1258 🔵TP3 @ 1.1458 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you...
Bitcoin continues to stay in a local consolidation, we believe that there are chances for growth in quotes, but for this purpose it is necessary for the price to move to the key resistance in the area of 45.500. If this level is reached, the probability of a small local pullback will grow and chances for further rise will also grow and this will give an entry...
Crude import accounts for nearly 20% of India's import bill. day by day if crude prices goes up, we will see major impact on INR, inflation and profitability of many companies. so if you are currency trader trade carefully.
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (10.210). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NEARUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
USDINR on Weekly Time frame has reached channel resistance marked in Blue parallel line at this channel resistance, on daily timeframe it has shown us a hanging man (hammer) type candle , the low of this candle is also taken down by the big bearish candle. Now this all has happened at the previous resistance level and this bearish engulf (hammer + big bearish...
Interesting Price Action and charts pattern are being observed in USD/INR currency pairs. 1. The Cup and Handle Formation. Cup formation can continue or Handle pattern can be formed and price can shoot up. As global situations are pacifying. We believe, rupee should get bit stronger. 2. All time high Resistance We...